SILVER BROOK SOLAR
RENEWABLE ENERGY SOLUTIONS
Prepared For:
Colchester Public Schools
May 23, 2023
About Us
Who We Are: Silver Brook Solar is a Montville, Connecticut-based
company. We are a small team of passionate renewable energy
consultants and project originators who bring the benefits of the
nation’s green energy transition to Connecticut towns.
What We Do: We secure renewable energy incentives for local
governments through our physical portfolio of solar projects. We
also originate and develop local solar and battery storage
projects—from initial energy audit through "permission to
operate" certification, and everything in-between.
Who We Service: State, Agricultural, or Municipal (SAM)
customers within the State of Connecticut with Eversource or
United Illuminating electrical accounts.
Contact Us:
sbs@silverbrooksolar.com / 860-908-1882 Lynn Nelson Erik Nelson Branden Gulick
SILVER Website: https://silverbrook-energy.ueniweb.com
SOLAR Email: sbs@silverbrooksolar.com
BROOK Phone: 860-908-1882
NRES SAM Program Overview
Program: Connecticut’s Non-Residential Renewable Energy Program Mechanics:
Solutions (NRES) program incentivizes renewable energy
projects. The program is statutorily authorized to run for six (6)
years starting in 2022 and to select up to sixty (60) MW of clean
energy annually.
Purpose: Foster the sustained, orderly development of the
state’s class I renewable energy industry.
How it Works: Developers pair their renewable energy projects
to State, Agricultural, or Municipal (SAM) electrical accounts.
Electrical distribution companies purchase the power at the bid Program Links:
price. Developers return a portion of the revenue to the
https://portal.ct.gov/pura/electric/office-of-technical-and-regulatory-
account holder. analysis/clean-energy-programs/non-residential-renewable-energy-
solutions-program
How the Municipality Benefits: The municipality receives a
https://www.eversource.com/content/business/save-money-energy/clean-
one-time lump sum payment or a 20-year annuity. energy-options/connecticut-non-residential-renewable-energy-solutions
SILVER Website: https://silverbrook-energy.ueniweb.com
SOLAR Email: sbs@silverbrooksolar.com
BROOK Phone: 860-908-1882
Services Agreement Proposal
ACCOUNT 2018 2019 2020 2021 2022 PEAK KWH
Proposal: Assign the following Town of Colchester and 51572603009
51895013001
1,559,793
1,053,030
1,458,000
993,600
1,164,960
732,240
1,015,920
897,120
1,035,360
973,440
1,559,793
1,053,030
Colchester Public Schools accounts to Silver Brook 51044208015
51642134092
720,000
818,640
894,805
779,760
719,040
656,640
754,560
786,240
788,160
771,120
894,805
818,640
renewable energy production projects currently 51276934015
51671003051
580,554
452,988
581,706
413,472
440,640
329,184
446,016
393,504
447,936
342,528
581,706
452,988
under development. 51280503053
51553903055
325,323
157,365
303,360
156,640
301,760
140,160
323,040
146,880
298,560
154,720
325,323
157,365
51507792042 133,786 126,412 126,594 110,043 120,685 133,786
51130203052 85,040 87,440 92,000 95,680 95,200 95,680
Cost to Town/BOE: None 51321492019
51975903063
72,234
51,840
61,903
48,384
61,332
48,576
67,031
55,488
79,572
61,056
79,572
61,056
51057792012 - - - 5,760 11,040 11,040
51972992044 44,800 22,720 13,760 27,840 24,640 44,800
Town/School Revenue: $15-cents per watt-DC of the clean 51462392069
51990103095
42,600
32,929
44,320
31,141
45,040
18,976
32,880
40
23,280
20,300
45,040
32,929
energy facility 51229392063
51719534042
20,047
17,830
18,760
15,384
14,940
11,667
17,940
18,792
19,340
19,340
20,047
19,340
51160492070 26,862 22,730 16,137 13,594 14,742 26,862
51044903052 10,204 8,999 6,719 9,693 8,857 10,204
Lump Sum (actual payment) – $649,999.95 51150992097
51702492059
7,403
6,290
5,755
9,185
4,449
8,527
6,536
8,721
6,927
5,803
7,403
9,185
51183292044 5,616 5,616 5,616 5,616 5,616 5,616
(To Town: approx $214,889.98) (To Schools: approx $435,109.97) 51229892013 59 213 322 1,953 5,185 5,185
51841392012 5,841 5,776 4,219 3,307 4,507 5,841
51082436072 5,792 6,016 3,910 2,896 4,063 6,016
20-year Annuity (estimated) – $1,600,082.00 51008392011 6,592 5,881 2,600 3,744 3,707 6,592
(To Town: approx $528,987.11) 51991603093 2,418 2,294 2,068 2,300 3,369 3,369
51259503035 6,462 9,486 8,835 5,614 2,948 9,486
(To Schools: approx $53,554.74 per yr / $1,071,094.89 total over 20 yrs) 51465688026 - 198 2,376 2,376 2,376 2,376
51752103085 2,208 2,208 2,207 2,207 2,208 2,208
* Notes: Lump sum paid in full within one year of solar facility operation. Annuity paid 51723503017 2,794 1,345 1,522 1,569 1,476 2,794
51673292066 880 1,240 800 580 720 1,240
quarterly over 20 years, starting year one of solar facility operation and based on actual 51855292074 615 583 585 583 583 615
usage. The estimated payment presented above will be reduced if less energy is used. HIGH YEAR TOTAL 6,491,931
SILVER Website: https://silverbrook-energy.ueniweb.com
Timeline:SOLAR
Approximately 3 years Email: sbs@silverbrooksolar.com
BROOK Phone: 860-908-1882
Next Steps
Services Agreement
Energy Services Solar Bid Bid Solar Array PTO Payment
Audit Agreement Pairing Entry Selection Construction
4 May 23 By 17 July 23 Opens 1 Aug 23 13 Oct 23
Legend:
Complete To be completed by BOE To be completed by SBS
SILVER Website: https://silverbrook-energy.ueniweb.com
SOLAR Email: sbs@silverbrooksolar.com
BROOK Phone: 860-908-1882
Questions
SILVER Website: https://silverbrook-energy.ueniweb.com
SOLAR Email: sbs@silverbrooksolar.com
BROOK Phone: 860-908-1882